Yes Bank credit ratings upgraded by ICRA

Ratings placed on watch with developing implications
Yes Bank has received ratings upgrade from ICRA as under -Basel III Compliant Tier II Bond Programme (Rs 10900 crore) - [ICRA]BB(hyb)&; upgraded from [ICRA]D(hyb) and placed on Rating Watch with Developing implications
Basel II Compliant Lower Tier II Bond Programme (Rs 2230 crore) - [ICRA]BB+&; upgraded from [ICRA]D and placed on Rating Watch with Developing Implications
Basel II Compliant Upper Tier II Bond Programme (Rs 1344 crore) - [ICRA]BB&; upgraded from [ICRA]D and placed on Rating Watch with Developing Implications
Basel II Compliant Tier I Bond Programme (Rs 307 crore) - [ICRA]D; reaffirmed
Also Read
Infrastructure Bond Programme (Rs 7030 crore) - [ICRA]BB+&; upgraded from [ICRA]D and placed on Rating Watch with Developing Implications
Basel III Compliant Additional Tier I Bond Programme (Rs 10800 crore) - [ICRA]D (hyb); reaffirmed
Short-term Fixed Deposit Programme - [ICRA]A4+&; upgraded from [ICRA]D and placed on Rating Watch with Developing Implications
Certificates of Deposit Programme (Rs 20000 crore) - [ICRA]A4+&; upgraded from [ICRA]D and placed on Rating Watch with Developing Implications
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First Published: Mar 25 2020 | 11:11 AM IST
